Latest News from IBI
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Japanese quake could put pressure on semiconductor market; factory shutdowns across industry groups
Yamaha Marine has temporarily halted production at its two Kumamoto Prefecture facilities which manufacture outboard motors and related marine products
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MB92 Barcelona secures concession extension to 2050
Expansion backed by €40m infrastructure investment
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Ferretti delivers strong cash generation in H1 2026 despite 5.6% revenue decline
New CEO Stassi Anastassov acknowledged a more challenging commercial environment but emphasised the group’s strong balance sheet and operational capabilities
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Sunreef Yachts, Brabus unveil the new Brabus Ultima 55
IBI’s Middle East correspondent previewed the vessel in Dubai this June, ahead of its official launch this week
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Bellini Nautica raises €2.3m through share placing to support expansion
Italian builder will use the proceeds to expand production capacity, invest in technology and advance its industrial plan
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Lengers Yachts declared bankrupt
The Dutch yacht dealer represented brands including Sanlorenzo, Bluegame, Prestige, SACS, and Pirelli Speedboats
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Callegari RIBs acquires Italian tender specialist
Production of 50-60 tenders annually to be consolidated at Callegari’s Anagni facility
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Catamaran Guru expands into Caribbean
US dealer establishes its first dedicated Caribbean office through Virgin Island Yacht Brokers integration
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ICOMIA, MPN and 11th Hour Racing partner to protect Posidonia seagrass in the Med
High-resolution Posidonia mapping will be available through chart plotters and boating apps, enabling responsible navigation and habitat protection
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Patrick reports 22% marine segment growth in solid Q2
Marine segment gains help offset RV sector decreases as US components supplier tightens full-year guidance
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Mood Index: Economic sentiment, employment expectations rise in both EU and eurozone
The Economic Sentiment Indicator rose 1.5 points in July 2026, with employment expectations improving considerably across most sectors
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Brunswick raises full-year guidance after strong second-quarter performance
US marine group reports higher revenue and earnings across all business segments for fourth consecutive quarter
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OneWater Marine reports mixed FQ3, “narrows” guidance
US boat retailer posts increased profitability despite lower Q3 sales
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Turkish equipment manufacturer invests $6.3m to double production capacity
Data Hidrolik is expanding its factory by 5,000m² and establishing a new subsidiary focused on after-sales services and spare parts
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Barrus names new R&D manager
Internal promotion follows the retirement of Phil James after 28 years with the UK engineering and distribution company
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New Marine Skills & Resource Centre to strengthen UK maritime workforce
Based in Cornwall, the centre will focus on training, recruiting and retaining local workers
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Dutch rope specialist under new ownership
Premiumropes founder Jan-Willem Polman is handing over leadership to JanKees Lampe
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Freedom Boat Club expands Spanish network with new bases
New locations in Cádiz and Mazarrón support wider European growth strategy
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Ex-Google CEO to acquire Spanish shipyard
Eric Schmidt has reportedly set his sights on Metalships & Docks in Vigo
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Correction: US builders double down on innovation
An error in the June/July issue incorrectly attributed Axis and Saxdor to MasterCraft Boat Holdings; both are owned by Malibu Boats
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US consumer and CEO confidence weaken amid economic uncertainty
Confidence among US consumers, CEOs sagging in response to continuing trade, geopolitical tensions
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Preliminary programme revealed for ICOMIA World Marinas Conference 2027 in Shanghai
IWMC2027 marks a landmark moment for the sector, recognising Asia-Pacific’s growing influence in global marina and waterfront development
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Another record quarter for Garmin
Q2 revenues up 11% to US$2.2bn while marine segment revenues grow 14% to $341m, leading electronics giant to increase full-year guidance
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Grady-White owner rejects $400m offers, transfers company to perpetual trust
Eddie Smith has transferred the company to a trust structure designed to preserve its independence, making it the first marine industry business to adopt the model
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Jeddah Yacht Club to host new Red Sea Yacht Show
Saudi Arabia is set to enter the international yachting calendar with a new event launching in Jeddah in October 2027
![Johannes Hertel IMG_0563_2 2[31] (kopia)](https://d1ajyvl96t5n4x.cloudfront.net/Pictures/460x307/9/6/9/63969_johanneshertelimg_0563_2231kopia_385160_crop.jpeg)
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Windy Scandinavia names new head of sales and marketing
Swedish builder promotes key figure behind its superyacht chase boat transformation as it prepares to launch two new SR models in 2026
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Xylem reports higher Q2 earnings and raises full-year EPS guidance
US water technology firm raises full-year guidance on improved profitability and margin expansion
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Robertson & Caine appoints new managing director
Mark Bradford was previously MD of Diesel-Electric
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Nuclear propulsion for superyachts debated at Monaco Energy Boat Challenge
Lloyd’s Register joined industry experts to explore nuclear-powered yachts as advances in small modular reactor technology spark renewed interest
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Dynaxo expands Polish factory to meet rising demand
The ceramic cooktop manufacturer has invested in new machinery and upgraded production lines at its western Poland facility
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High North American retail sales drive strong Q2 results for Polaris
Marine segment revenues climb 16% YoY driven by growing demand for premium pontoon product
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Hubbell raises 2026 guidance after double-digit Q2 revenue growth
Hubbell’s Electrical Solutions segment, which includes its leisure marine business, up 25% in strong quarter
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Sasga Palma appointed Solaris Power dealer for Balearic Islands
The Mallorca-based dealer will represent the Italian yacht builder’s premium motoryacht range across Mallorca and Menorca
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Central Yacht secures strategic investment for Asian market expansion
The Hong Kong-based superyacht consultancy has partnered with TGG Group to develop a new generation of yachts tailored for Asian owners
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Beneteau reports 12% revenue growth despite Q2 slowdown and reveals much reduced order intake
First-half sales reached €452.3m, but geopolitical uncertainty prompts dealer caution and inventory reduction in second quarter
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Zero USV delivers first Oceanus17 uncrewed surface vessel
The 17m vessel features 50-day endurance, 5,000Nm range, and level four autonomous navigation capability
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New Angolan shipyard targets recreational service sector growth
Kianda Shipyard is set to serve the country’s growing leisure boating sector with maintenance and technical support
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Sunseeker confirms new ownership, CEO and leadership team
Cross Ocean Partners and Cheyne Capital have completed their acquisition of the UK yacht manufacturer, with Scott Millar appointed CEO alongside four senior executives to drive its five-year growth strategy
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Sanlorenzo joins consortium bid to rescue The Italian Sea Group
Italian yacht builder confirms minority stake in Polo Nautico Carrara, which has submitted binding offer to acquire TISG’s operations
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SYBAss launches new manifesto including first ever three-year plan
New strategy sets a clear work agenda for the team while giving the industry clarity on the organisation’s future direction
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Donerail, Blackstone, and Centerbridge are final bidders for MarineMax
Three major investment firms are competing to acquire the world’s largest recreational marine dealer
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Sealegs expands dealer network across US and Australia
New Zealand amphibious boat builder appoints four new dealers, strengthening its sales and service network across two key international markets
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Finnish boat registrations on par with 2025
Finland’s boat market matched 2025 levels in the first half of 2026, while the pre-owned market continues to run 20% above pre-pandemic levels
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Sea Ventures appoints new managing director
Vicky Farrow succeeds Nigel Colley, who moves into a consultancy role after more than 30 years leading the UK dealership
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Japan Investment Adviser buys Yokohama yacht dealer
Financial services group expands into leisure marine sector with acquisition of Quay Side
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Abu Dhabi opens Waterway Monitoring Centre to enhance maritime safety
New centre will be central hub for waterway safety monitoring and public maritime service operations
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Boats Group study reveals importance of pre-sale brand visibility
Analysis of 85,000 verified purchases shows consumers often change brands before buying, highlighting the need for earlier engagement
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OXE Marine Q2 revenue falls as losses widen
Softer market conditions and delayed government projects hit Swedish diesel outboard manufacturer
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